Eddy Smart Home Solutions Ltd. (ESHSF)
Headquartered in Toronto, Canada, Eddy Smart Home Solutions Ltd. offers intelligent water management systems and monitoring services for both residential and commercial properties across North America. The company assists property owners in protecting their investments, managing consumption, and conserving water resources by integrating advanced water sensing devices with sophisticated behavioral learning software. Its extensive product suite includes: Eddy IQ, which provides automated meter readings, remote valve shutdown capabilities, and uses machine learning for precise flow analysis, leak identification, and water consumption billing; the Eddy Valve, designed to avert building damage from water incidents; Eddy Link, a real-time digital communication and analytics platform tracking minute-by-minute water usage to pinpoint leaks and anomalies; Eddy H2O sensors that detect the presence of water; the Eddy Water Probe Sensor for identifying water or other liquid presence; the wireless Eddy Water Rope Sensor for leak detection; and the wireless Eddy Temperature Probe Sensor for temperature monitoring. Eddy Smart Home Solutions serves a wide range of clients, including multi-family residential complexes, construction sites, retail businesses, and municipalities.
Industry: Hardware, Equipment & Parts
Eddy Smart Home Solutions Ltd.
OTC:ESHSFTechnology · Hardware, Equipment & Parts
Mkt Cap-
Float2.69M
O/S6.13M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$3.36M
Net Income-$2M
Total Assets$9.28M
Free Cash Flow-$531K
Debt & Equity
Total Debt$763K
Total Equity-$3.37M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:100Reverse splitJun 28, 2024100 shares → 1
Balance Sheet Details
Assets$9.28M
Liabilities$12.64M
Accounts Receivable$1.07M
Accounts Payable$506K
Inventory$1.8M
PP&E (Net)$24K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Revenue | $3.36M | $2.69M | $2.43M | $1.83M | $872K | $0 |
| YoY Growth | 24.8% | 10.8% | 33.0% | 109.6% | - | - |
| Cost of Revenue | $1.33M | $1.25M | $1.41M | $801K | $452K | $0 |
| Gross Profit | $2.03M | $1.44M | $1.03M | $1.03M | $420K | $0 |
| Gross Margin | 60.5% | 53.5% | 42.2% | 56.2% | 48.1% | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $4.71M | $3.55M | $5.13M | $7.84M | $212K | $1K |
| Other | $0 | $168K | $784K | $1.33M | $5.19M | $0 |
| Total Operating Expenses | $4.71M | $3.72M | $5.92M | $9.17M | $5.4M | $1K |
| Operating Income (EBIT) | -$2.68M | -$2.27M | -$4.89M | -$8.09M | -$4.98M | -$1K |
| Operating Margin | -79.8% | -84.4% | -201.4% | -442.9% | -571.4% | - |
| Interest Expense | $51K | $279K | $543K | $92K | $128K | $0 |
| Interest Income | $6K | $14K | $4K | $20K | $2K | $0 |
| Other Income (Expense) | $677K | -$325K | -$2.64M | -$317K | -$729K | $0 |
| Income Before Tax (EBT) | -$2M | -$2.6M | -$7.53M | -$8.41M | -$5.71M | -$1K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$2M | -$2.6M | -$7.53M | -$8.41M | -$212K | -$1K |
| Net Income Margin | -59.6% | -96.5% | -310.0% | -460.3% | -24.4% | - |
| Supplementary Data | ||||||
| EPS | -0.45 | -1.04 | -13.29 | -15.91 | -25.92 | -0.01 |
| Diluted EPS | -0.45 | -1.04 | -13.29 | -15.91 | -25.92 | -0.01 |
| Weighted Average OS | 6.13M | 3.51M | 795,286 | 741,700 | 309,090 | 200,000 |
| EBITDA | -$2.4M | -$2.05M | -$6.41M | -$7.95M | -$4.78M | -$1K |
| EBITDA Margin | -71.5% | -76.0% | -263.9% | -434.9% | -548.7% | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Assets | ||||||
| Current Assets | ||||||
| Cash and Cash Equivalents | $509K | $242K | $814K | $321K | $330K | $178K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $509K | $242K | $814K | $321K | $330K | $178K |
| Accounts Receivable | $1.07M | $1.14M | $845K | $1.14M | $498K | $0 |
| Inventory | $1.8M | $1.27M | $1.35M | $2.18M | $1.84M | $0 |
| Other Current Assets | $3 | $48K | $321K | $41K | -$3.16M | $0 |
| Total Current Assets | $3.46M | $3.45M | $4.13M | $6.04M | $330K | $178K |
| Long-Term Assets | ||||||
| Property, Plant & Equipment Net | $24K | $56K | $87K | $2.18M | $535K | $0 |
| Goodwill | $0 | $0 | $0 | $2.18M | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $431K | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $5.79M | $4.83M | $3.2M | $0 | $683K | $0 |
| Total Long-Term Assets | $5.81M | $4.88M | $3.29M | $4.79M | $1.22M | $0 |
| Other Assets | $0 | $0 | $0 | $0 | -$1.22M | $0 |
| Total Assets | $9.28M | $8.33M | $8.08M | $10.83M | $330K | $178K |
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts Payable | $506K | $1.84M | $2.5M | $2.49M | $1.52M | $0 |
| Short-Term Debt | $0 | $0 | $4.56M | $1.69M | $4.03M | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $3.18M | $1.81M | $1.41M | $585K | $260K | $0 |
| Other Current Liabilities | $1.82M | $318K | $1.56M | $64K | -$6.24M | $3K |
| Total Current Liabilities | $5.62M | $4.93M | $9.53M | $6.03M | $14K | $3K |
| Long-Term Liabilities | ||||||
| Long-Term Debt | $763K | $0 | $0 | $0 | $29K | $0 |
| Long-Term Unearned Revenue | $6.26M | $5.03M | $3.23M | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $1.93M | $592K | $0 |
| Total Long-Term Liabilities | $7.02M | $5.03M | $3.23M | $2.29M | $1.04M | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | -$1.04M | $0 |
| Total Liabilities | $12.64M | $9.97M | $12.76M | $8.02M | $14K | $3K |
| Stockholders' Equity | ||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $43.73M | $43.76M | $38.17M | $38.17M | $23.74M | $176K |
| Retained Earnings | -$49.04M | -$47.08M | -$44.48M | -$36.95M | -$28.53M | -$1K |
| Comprehensive Income & Other | $82K | $59K | $31K | $30K | $12K | $0 |
| Other Stockholders' Equity | $1.95M | $1.68M | $1.64M | $1.59M | $5.11M | $0 |
| Total Equity | -$3.37M | -$1.63M | -$4.68M | $2.81M | $315K | $175K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $9.28M | $8.33M | $8.08M | $10.83M | $330K | $178K |
| Supplementary Data | ||||||
| Total Debt | $763K | $0 | $4.56M | $2.14M | $4.48M | $0 |
| Net Debt | $254K | -$242K | $3.75M | $1.82M | $4.77M | -$178K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Operating Activities | ||||||
| Net Income | -$2M | -$2.6M | -$7.53M | -$8.41M | -$212K | -$1K |
| Depreciation & Amortization | $279K | $272K | $578K | $371K | $224K | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $160K | -$960K | $0 |
| Stock-Based Compensation | $247K | $14K | $49K | $556K | $53K | $0 |
| Changes in Working Capital: | ||||||
| Accounts Receivable | $71K | -$296K | $593K | -$560K | -$395K | $0 |
| Inventory | $157K | $74K | $833K | -$923K | -$733K | $0 |
| Accounts Payable | $60K | -$294K | -$196K | $288K | $1.77M | $0 |
| Other Working Capital | $1.3M | $902K | $1.05M | $141K | -$630K | $3K |
| Total Working Capital Change | $1.59M | $680K | $2.28M | -$1.05M | $11K | $3K |
| Other Non-Cash Items | -$642K | $283K | $2.89M | $1.01M | $736K | $0 |
| Net Cash from Operating | -$531K | -$1.35M | -$1.73M | -$7.37M | -$148K | $2K |
| Investing Activities | ||||||
| Capital Expenditures | $0 | $0 | -$8K | -$100K | -$24K | $0 |
| Acquisitions | $0 | $0 | $0 | $374K | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $14K | -$5K | -$938 | $0 | $0 | $0 |
| Net Cash from Investing | $14K | -$5K | -$9K | $274K | -$24K | $0 |
| Financing Activities | ||||||
| Debt Repaid | - | - | $148K | $141K | -$1.48M | - |
| Common Stock Issuance | $0 | $4.87M | $0 | $8.77M | $461K | $176K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | -$105K | -$10K | -$1.32M | -$1.18M | $176K |
| Net Cash from Financing | $712K | $755K | $2.23M | $7.32M | $300K | $176K |
| Forex Effect | $38K | $27K | $763 | $18K | $24K | $0 |
| Net Change in Cash | $233K | -$571K | $493K | $242K | $152K | $178K |
| Supplementary Data | ||||||
| Operating Cash Flow | -$531K | -$1.35M | -$1.73M | -$7.37M | -$148K | $2K |
| Capital Expenditure | $0 | $0 | -$8K | -$100K | -$24K | $0 |
| Free Cash Flow | -$531K | -$1.35M | -$1.74M | -$7.47M | -$172K | $2K |
| Cash at Beginning | $277K | $814K | $321K | $79K | $178K | $0 |
| Cash at End | $509K | $242K | $814K | $321K | $330K | $178K |